When the annual Union Budget is not passed by the Lok Sabha?

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the Budget is modified and presented again

the Budget is referred to the Rajya Sabha for suggestions

the Union Finance Minister is asked to resign

the Prime Minister submits the resignation of Council of Ministers

answer is D.

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Detailed Solution

If the Lok Sabha fails to pass the annual union budget, the Prime Minister tenders his resignation to the Council of Ministers.
If no conditions are attached to the budget in parliament, it is understandable if the ruling party is a minority. Technically, this calls for the resignation of the ruling party because it has lost the Lok Sabha's vote of confidence. If a vote of confidence is passed in the Indian Parliament's Lok Sabha, the Prime Minister and his cabinet resign.

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